Understanding artificial intelligence is a complex and simple process. It’s basically all math that’s used to analyze information and make decisions based on defined variables and preferred outcomes. Artificial intelligence in facilities management means eliminating uncertainty and letting computers do the thinking, freeing up time for Facilities Managers, but how will this affect the industry over the […]Read More..
The world of energy management is broad. Facility managers struggle with shrinking budgets, growing responsibilities, and more demand from guests. As explained by Jack McGowan of Buildings.com, energy management analytics empower facilities managers to measure, report, and optimize energy use. Furthermore, they help assets to function at higher efficiencies, and decrease the demand for utilities. […]Read More..
Managing multi-site portfolios, taking care of customers, and handling day-to-day operations, not to mention the stress in planning budgets, can overwhelm any facility manager. However, life cycle costing in facilities management can be leveraged to understand the costs associated with the building and its equipment. Unfortunately, facilities managers may confuse life cycle costing in facilities […]Read More..
Proactive facility management can make you save on average 18 percent on the total maintenance costs compared to reactive facility management. Understanding how these savings are possible comes from the appreciation of the value in facility assessments and subsequent life cycle costing. Facilities managers who take time to understand this concept can position their organization […]Read More..
Quick service restaurant facilities management is often used interchangeably with fast casual facilities management, but both have slight differences. Carry-out facilities management remains a subset of restaurant facilities management, and it bears the burden of offering impeccable facilities, service, and food. Carry-out facilities management also bears the gravest risk; what if something, no matter how small, adversely affects a guest. The […]Read More..
The value of preventative maintenance is clear, but not every facilities manager is on board yet. However, as explained by Brian Ratcliff of HPB magazine, 90 percent of facilities managers believe connecting systems to the Internet of Things will guarantee productive systems by fine-tuning equipment maintenance schedules. Preventative maintenance lowers the total cost ownership of […]Read More..
Although Energy Manager Today reports that automated fault detection and diagnostics have been around in heating, ventilation and air conditioning (HVAC) systems for 20 years, the technology is now advancing. By analyzing equipment data, new analytics and facilities management software are able to identify relationships between variables and to recognize when a problem exists. Such […]Read More..
How does your organization approach facilities management? If you are unsure about facilities spending or volume of work on the deferred maintenance backlog, you are likely relying on a reactive facilities management approach. Reaction is unavoidable in facilities management. Things go wrong. However, facilities managers can work to reduce the amount of reactionary maintenance and […]Read More..
A productive business hinges on the ability to save money where possible and increase profitability. However, this principle can be misconstrued in facilities management and facility service quality. Facilities Managers and executive-level leaders may be more concerned with cost than quality. In the modern era, companies are popping up to offer facilities management services at lower […]Read More..
Using the IoT enables a proactive approach to facilities management, reducing costly reactive maintenance. The initial costs associated with using the Internet of Things (IoT) connected devices and sensors are decreasing, and the inside possible from IoT-connected technologies are transforming facilities management from a cost center to profit center. If your organization has not yet […]Read More..